Willbros Group Inc. (NYSE:WG) traded down 2.7% during trading on Wednesday . The company traded as low as $2.55 and last traded at $2.56, with a volume of 95,934 shares trading hands. The stock had previously closed at $2.63.

A number of equities research analysts recently commented on the company. Zacks Investment Research lowered Willbros Group from a “hold” rating to a “sell” rating in a research report on Wednesday, May 4th. Credit Suisse Group AG restated an “underperform” rating and issued a $1.90 price objective on shares of Willbros Group in a research note on Monday, March 28th. Morgan Stanley upgraded Willbros Group to an “equal weight” rating in a research note on Friday, June 24th. Finally, Avondale Partners reduced their price objective on Willbros Group from $2.50 to $2.25 and set a “market perform” rating for the company in a research note on Friday, March 11th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The company has a consensus rating of “Hold” and an average target price of $1.72.

The stock’s 50-day moving average price is $2.91 and its 200 day moving average price is $2.36. The firm has a market capitalization of $157.83 million and a PE ratio of 5.90.

Willbros Group (NYSE:WG) last issued its quarterly earnings results on Tuesday, May 3rd. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.14) by $0.02. The firm earned $199 million during the quarter, compared to analysts’ expectations of $210.18 million. During the same quarter last year, the firm posted ($0.20) EPS. The business’s revenue for the quarter was down 20.5% on a year-over-year basis. Analysts expect that Willbros Group Inc. will post ($0.25) earnings per share for the current fiscal year.

An institutional investor recently bought a new position in Willbros Group stock. Royce & Associates LLC acquired a new stake in Willbros Group Inc. (NYSE:WG) during the fourth quarter, Holdings Channel reports. The fund acquired 660,028 shares of the company’s stock, valued at approximately $1,775,000. Royce & Associates LLC owned 1.06% of Willbros Group at the end of the most recent quarter.

Willbros Group, Inc (Willbros) is a specialty energy infrastructure contractor serving the oil, gas, refining, petrochemical and power industries. The Company’s offerings include construction, maintenance and facilities development services. The Company operates through three segments: Oil & Gas, Utility T&D and Canada.